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Plato's Closet And Style Encore For Sale

Red Deer, Alberta, Canada
Asking Price:
$2,000,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,097,789 (CAD)
Cash Flow:
$347,230 (CAD)

These two well-established and highly recognizable franchise retail businesses specialize in the purchase and resale of gently used, brand-name clothing, footwear, and accessories tailored to all ages, seeking affordable, trend-focused fashion. Operating within the rapidly growing resale retail industry, these businesses benefit from strong brand recognition, proven operational systems, national franchise support, and a loyal customer base driven by both value-conscious and sustainability-minded consumers.

The current owners have built a strong foundation and are now pursuing the sale as part of their retirement planning. They are committed to ensuring a seamless transition and are willing to remain involved during a transition period to provide consulting and operational support to the purchaser.

The ideal purchaser is a strategic buyer with retail experience, an entrepreneurial mindset, and a passion for customer service.

WHY THIS BUSINESS:

  • Established franchise brand recognition
  • Dual revenue stream
  • Prime retail accessibility
  • Strong social media and loyalty opportunities
  • Large target demographic
  • Recession resistant and value oriented business model

*Revenue and earnings are based off combined financials

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Employees:
22

Other Information

Support & training:

Negotiable

Financing available:

Negotiable

Furniture / Fixtures value:
$91,000 (CAD) - included in the asking price